InvestorsHub Logo
Followers 422
Posts 30168
Boards Moderated 4
Alias Born 08/08/2004

Re: wadegarret post# 106365

Tuesday, 08/01/2023 12:25:05 PM

Tuesday, August 01, 2023 12:25:05 PM

Post# of 112719
The short term positive aspect of out of control spending is some percentage of that finds it's way into the market. 1.8 trillion has been added to the debt just since the recent debt ceiling compromise(a compromise between two wolves over how they will split the sheep). That is equal to the amount of debt that was accumulated over the 1st 209 years of the nations existence.

I think part of the reason that the "new world order" stocks have achieved such astronomical valuations is a prediction by "big money" that they will benefit from a failing economy as their smaller remaining competitors are wiped out and they achieve pricing power and a growing customer base.

There is no longer a correlation between stock market gains and the overall economy because we are no longer a free market.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.